NOT LISTED FOR SALE

560 Reef Rd Vero Beach, FL 32963

Estimated Value: $4,389,000 - $5,057,000

4 Beds
3 Baths
3,687 Sq Ft
$1,309/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2023

Last sale price $4,690,500 $1,272 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $31,098 / mo

36 Days on Market

Highlights

  • Ocean Front
  • Pool
  • 1 Fireplace
  • Beachland Elementary School Rated A-
  • Marble Flooring
  • Balcony

About This Home

As of April 2023

Oceanfront paradise w/100 ft. of ocean frontage & pool. Modern, sleek design throughout. Living area w/ fireplace opens to ocean view & patio. Primary suite features balcony & ocean views. Spacious kitchen. Nestled among mature palms for privacy & seclusion. Excellent location near Mooring Yacht & Country Club. Sizes approx./subject to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 03/06/2023

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Mike O'Brien

Dale Sorensen Real Estate Inc. License #3429723

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,307

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 103x350
  • Ocean Front
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 3,687 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • 1 Fireplace
  • Window Treatments
  • Sliding Doors
  • Marble Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Seawall
  • Balcony
  • Patio
  • Awning

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Oceanside Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 33402100009000000005.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,307

Year Built

Built in 1987

Lot Details

0.83 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 103x350
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Oceanside
  • Directions: South on A1A to Seagrape Drive, turn left & left onto Reef Rd to #560 on right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1987
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Marble
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Living Area: 3687.0
  • Stories: 2
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Awning(s), Balcony, Fence, Sprinkler/Irrigation, Outdoor Shower, Patio
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: NONE
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33402100009000000005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 34307.0
  • Tax Lot: 5
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 8, 2023
Sold by
Bought by
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Mike O'Brien
Dale Sorensen Real Estate Inc.
List Price
$4,881,000
Sold Price
$4,690,500
Premium/Discount to List
-$190,500
-3.9%
Views
2
Current Estimated Value
$4,826,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,493
Avg. Annual Appreciation
0.91%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bought by

Purchase Details

Closed on
May 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
7.68%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,690,500 None Listed On Document
$1,750,000 Attorney
-- --
$2,250,000 Oceanside Title & Escrow
$760,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,880,000
Previous Owner $490,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $4,690,500 -3.9% $1,272 / Sq Ft
03/06/2023 03/06/23 For Sale $4,881,000 -- $1,324 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $59,405 $4,198,485 $1,693,515 $2,504,970
2024 $38,104 $3,993,644 $1,568,699 $2,424,945
2023 $38,104 $2,655,091 $0 $0
2022 $34,307 $2,455,815 $1,568,699 $887,116
2021 $32,083 $2,194,290 $1,506,290 $688,000
2020 $32,139 $2,165,441 $1,506,290 $659,151
2019 $36,882 $2,419,407 $1,752,360 $667,047
2018 $35,340 $2,390,188 $1,752,360 $637,828
2017 $32,696 $2,164,474 $0 $0
2016 $32,165 $2,237,970 $0 $0
2015 $27,275 $1,611,630 $0 $0
2014 $24,539 $1,495,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Seller's Agent in 2023

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    28 in this area

    197 Total Sales

    Matilde Sorensen
    Section Image

  • M

    Buyer's Agent in 2023

    Mike O'Brien

    Dale Sorensen Real Estate Inc.

    (772) 766-3293

    3 in this area

    12 Total Sales

    Mike O'Brien
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 266792

APN: 33-40-21-00009-0000-00005.0

Florida Indian River County Vero Beach 32963

560 Reef Rd, Vero Beach, FL

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